assuming i found a seller that would ‘gift’ me the $100k… i still think that price may fall enough that i’m smarter to wait.
even assuming i pulled it off and got a $100k gift and then could write off that $1000 payment… that saves me what.. $400/month or so in income…
assuming a house purchase at 500k, 100% fiancing… does saving $400 on my student loan offset the extra $$ i’d pay ont he loan, taxes,e tc??
i kind of thin it would be smarter to wait for prices to tank.. buy the house at $400k..then sit tight. let prices rise over time..and SOME DAY much further odwn the line… refi and pay off the student loan…
i’m no financial guru… i can see the benefit of the refi/pay off student loan, and make the payment a deduction… but wodl it make sense in this real estate market to fina seller willing to do it…and do it now…but be stuck in the house?
